Boss Media problems?

CourierCollie

Just read this on the card player site: http://europe.cardplayer.com/poker-news/article/boss-media-servers-seized-in-malta
Not sure exactly what this means, but it might be prudent for anyone with money on this network to make a quick withdrawal.

pok3rplaya

oh ****

pok3rplaya

ty for posting this btw

Lex

FYI - from egaming review:

Boss Media responds to asset freeze claims

Boss Media has responded to a news article published this morning claiming the First Hall Civil Court of Malta had found in favour of claimant Poker Trillion and frozen Boss Media’s assets and ordered its web servers to stop commercial activity form 18 September 2008.

The dispute between Boss and Poker Trillion originated when the latter was thrown off Boss Media’s poker network for “rake back violations”. Poker Trillion then launched a lawsuit against Boss after its dismissal from the network in April and asked for a freezing order to be applied to all Boss media’s assets in Malta, the jurisdiction where Boss is licensed.

Boss has continued to operate since and described the actions and comments by Poker Trillion as “a reckless attempt to support a legal action that is without merit and initiated as retribution for their dismissal from the Boss Media network”.

Commenting on the court’s verdict this morning, Andy Pyrah, chief executive of Poker Trillion, said: “Today’s decision will in effect bring down Boss Media’s operation in their licensed jurisdiction in Malta on September 18, and any partner on the Boss (IPN) poker network at this stage will see their service closed down too.”

Boss added that there had been preliminary hearings on the lawsuit and “assured that adequate security is provided in Malta in the event of an award of damages against it which we believe to be unlikely”. It said it had “the requisite assets in place to ensure that our business will continue to operate with the highest standards. In the extremely unlikely event that any Malta operations would be affected, Boss Media have high-performance back-up systems in place to ensure continued service to all our customers and their players”.

The statement by Boss added: “To be clear, player funds are not affected by the current proceedings. All players’ funds are held separately under the control of the Malta Lotteries and Gaming Authority and cannot be seized by any court.

“Poker Trillion is a former customer of Boss Media who was terminated because of rake back violations. They have since then repeatedly tried to disrupt the Boss Media business through the dissemination of groundless rumours. In April 2008 Poker Trillion alleged in a press release a claim that among other things, Boss Media player funds were frozen. The allegations were false but typical of the type of tactics employed by Poker Trillion.”

Chucky the tree

RESS RELEASE VÄXJÖ 19 AUGUST 2008

In relation to the statements made by Poker Trillion August 18 (“Trillion Limited -v- Boss Media Malta Limited and Boss Media AB”), Boss Media has issued the following statement.


Poker Trillion’s recent comments are a reckless attempt to support a legal action that is without merit and initiated as retribution for their dismissal from the Boss Media network. To be clear, player funds are not affected by the current proceedings. All players’ funds are held separately under the control of the Malta Lotteries and Gaming Authority and cannot be seized by any court.

Poker Trillion is a former customer of Boss Media who was terminated because of rake back violations. They have since then repeatedly tried to disrupt the Boss Media business through the dissemination of groundless rumors. In April 2008 Poker Trillion alleged in a press release a claim that among other things, Boss Media player funds where frozen. The allegations were false but typical of the type of tactics employed by Poker Trillion.

While there has been no hearing on the merits of the Poker Trillion suit, there have been preliminary hearings on the matter. Boss Media has assured that adequate security is provided in Malta in the event of an award of damages against it which we believe be to unlikely.

Boss Media is currently exploring various legal options regarding our Maltese assets and can assure that Boss Media has the requisite assets in place to ensure that our business will continue to operate with the highest standards. In the extremely unlikely event that any Malta operations would be affected, Boss Media have high-performance back-up systems in place to ensure continued service to all our customers and their players.

BIG-SLICK-POKER

PokerTrillion to seize Boss Media Servers
The big news of the day is without doubt the news that PokerTrillion have been successful in its application to enforce the seizure of the servers from their previous network providers, Boss Media. According to a press release from Poker Trillion, Boss Media will not be able to continue commercial activity or appeal as of September 18th.

PokerTrillion C.E.O Andy Pyrah explained, "Today's decision will in effect bring down Boss Media's operation in their licensed jurisdiction of Malta on September 18, and any partner still on the Boss (IPN) Poker Network at this stage will see their service closed down too. It should also be noted that despite appeals from Boss Media, we've been successful in every one of our applications that we've filed with the courts in Malta and this includes having our initial garnishee order increased from €5million to €20million earlier this month, this in turn means that there is now a €20million freezing order on all Boss Media's assets within this jurisdiction, and in accordance with European law we will be applying for this to be executed all over Europe".

This all relates to a multi-million Euro law suit for breach of contract against Boss Media. Unfortunately, that is all we know about the case as Pryah has been unable to comment further on the exact details of the complaint against Boss Media, and customers of the 90+ Boss Media skins are being left in the dark as to what is going to happen to their accounts and the money within them.

Naturally this news has not been well received in the poker community because of the fact that we are no wiser as to why PokerTrillion has a complaint with Boss Media, and only know that so many poker skins are potentially being closed down as a result. Boss Media have communicated they will be issuing an official release later today and we will bring you more on this breaking news as we get it.